HSBC,BNP,DB get Islamic Development Bank $500mln Sukuk deal

From Zawya Dow Jones: HSBC Holding PLC, BNP Paribas S.A. and Deutsche Bank AG were mandated by Saudi-based Islamic Development Bank to arrange a $500 million sukuk, according to a banker familiar with the deal.

The banks will start roadshows that will visit Bahrain, Dubai, Singapore and Malaysia by mid July, the banker who asked not to be named told Zawya Dow Jones Thursday……….Full Article (Subscription Required) : Source